Ukraine to approve aviation industry restoration program with medium term outlook early 2017

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An ad hoc working group being created in the government would draw up a program on restoration of Ukrainian aviation industry for the medium term outlook. The document is to be approved by Ukraine's Cabinet of Ministers early 2017.

The press service of the government reported that the decision was made after a meeting devoted to stimulation of Ukrainian aircraft building chaired by Ukrainian Prime Minister Volodymyr Groysman at Antonov State Enterprise (Kyiv).

The working group would consist of representatives of the government, design companies and aircraft operators.

The program would contain development plans for civil and military aircraft.

The financial tools required for the implementation of the program would be determined after completion of the document.

Groysman said that today the 2017 budget does not foresee funds for financing the program. The government would be able to present initiatives to amend the budget after determining the needs of customers in aircraft.